All revenue derived from the operation of the airport or flying field, after paying the operating expenses and maintenance, shall be set aside and used for additional improvements on the airport or for the retirement of bonds and interest thereon issued or advancement made for the purchase and improvement of the airport or flying field.
Structure Arkansas Code
Subtitle 22 - Airport Facilities Generally
Chapter 359 - Municipal Airport Commissions
§ 14-359-103. Authority to create
§ 14-359-104. Creation of commission
§ 14-359-105. Appointment of commissioners
§ 14-359-106. Removal of commissioners
§ 14-359-107. Salary of commissioners
§ 14-359-108. Meetings of commission
§ 14-359-109. Authority of commissioners
§ 14-359-110. Vesting of authority in commissioners
§ 14-359-111. Financing of improvements
§ 14-359-113. Zoning regulations
§ 14-359-114. Rules and regulations
§ 14-359-115. Additional powers of commissioners
§ 14-359-116. Estimate of funds required
§ 14-359-117. Use of operational revenue
§ 14-359-118. Records and reports
§ 14-359-119. Civil service not applicable